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Search Results 0 to 49 of about 64 (some duplicates have been removed)
CNBC
Dec 10, 2012 4:00am EST
three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for you. over the next few weeks, we're expecting the budget sta
CSPAN
Dec 4, 2012 9:00am EST
it is not. america is the oldest country in the modern world. because the american constitution provided us with a template for classless democracy. not the america that she did but certainly that was the ideological template around it. india is important, 1947, because india is the oldest nation and the postcolonial world. and the indian constitution similarly creates an ideological template for democracy. but with the emergence of india also emerged china, and china had a different template. again, not getting into what is right and what is wrong, but these are alternative -- how to run your nation and postcolonial society. and very interesting we received in comparison to parties, won the congress and the chinese communist party. actually became the dominant force in the post-independent state. one advocate would have to be -- because both emerge from ravaged economically driven set of needs. the congress offered soft left. the chinese offered hard left, or autocratic left. a long story, both had -- >> you said long story shorter i want to get to the short part. spent discussing it with
CNBC
Dec 12, 2012 6:00pm EST
places besides the u.s. stock market. the metals were on fire today, particularly silver. slv, that's the way you play it. goes much higher. >> all right, i'm melissa lee. see you tomorrow, 9:00 a.m. we have the ceo of tomorrow's ipo solar city, then back here at 5:00 >>> i'm jim cramer and welcome to my world. >> you need to get in the game. >> he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. "mad money." you can't afford to miss it. i'm cramer. welcome to "mad money." my job is not just to entertain but i'm trying to teachary and coach you. call me at 1-800-743-cnbc. you can blame the democrats for their inability to offer any cuts for spending. you can blame the republicans for not even wanting to consider tax increases. but don't you dear blame ben bernanke for not being willing to take bold action to get this economy hiring and moving again! even if his statements about economic weakness ultimately caused the averages to stumble from some pretty lofty levels. dow only declining ability 3 points s & p inching up 4.4%. close in
CSPAN
Dec 7, 2012 12:00pm EST
the other lesson learned for us is to look beyond the tactical level of training that's provided by the department of defense to consider what ways we might also engage in terms of institutional development with the defense institutions and that's something in the last several years where we are ramping up in the department of the ability to provide advisers and other types of institutional reform engagement with various military partners to ensure that just as we are looking at strengthening of the tactical level we are also focusing on the institutional strength of these defense institutions. >> ms. dory can we afford to wait a year for planning, training, assembly of a regional force for the completion of negotiations for the successful election in some press accounts aqim is described as this point the best funded and best equipped most potentially lethal affiliate in the world and those accounts are overblown but the suggestion is we should have an area the size of texas controlled by terrorists engaged in drug trafficking and kidnappings that have had an inflow of some soph
CNBC
Dec 7, 2012 9:00am EST
're very excited about it. >> dan, thank you. thanks for the work you're doing. appreciate you joining us today. have great weekend, everybody. right now it's time for "squawk on the street." >> up 146,000, that's the jobs numbers for november. unemployment at 7.7. that's the lowest in exactly four years. good morning. welcome to "squawk on the street." i'm carlos gutierrez with jim cramer, david faber and melissa lee. questions remain about the internals. europe is reacting to a miss on german industrial production and some reports at least that some ecb members favored a rate cut yesterday. our road map will go like this. that puzzling jobs number beating virtually every wall street estimate as the labor department says sandy had only a minimal effect. is it true a clean number and what are conspiracy theorists saying. >>> a comment hastings made last july. what does it say about s.e.c. rules and whether they are out of date. >> mcdonald's will post same store sales on monday gets an upgrade to buy taking the forecast to a street high after surveying franchisees. we begin with november
FOX Business
Dec 13, 2012 5:00pm EST
a sign progress is quietly being made with both sides? rich edson is at the white house for us. rich. >> good evening, sandra. house speaker john boehner left the capitol building about 10 minutes ago. he will motorcade over here. he should be here in a short while to begin yet another meeting with president obama. the two had a phone call earlier this week. on the phone the house speaker said they made little progress. aides say over the last few weeks there has been little discussion, constructive discussion moving towards a compromise. this is yet another attempt to get something moving. the white house put an offer on the table. republicans called it a joke. house republicans put a offer on the table. white house said it wasn't serious. since then the two sides have not moved that much closer to one another. the white house wants immediate tax increase on families earning more than $250,000 through a tax rate increase. for republicans they want more detailed spending cut plan out of the white house before they agree to any revenue increases. that impasse has continued. when you t
FOX News
Dec 11, 2012 6:00am PST
, it is not good enough to be for him to say liks behind us. this will do the opposite. martha: there is the scene there. that is a live shot this morning. we were told there would be perhaps thousands of people gathering on the scene. certainly seems to becoming out to be that kind of a turnout. take a look at that this morning, 9:01 eastern time in lansing, michigan. the governor is set to sign this into law later today. it will become the 24th right to work state in the nation. this is growing trend across the united states. you look at states like michigan and wisconsin, both very big union states where this is a real, perhaps, turning point in this fight. mike tobin on the ground live at the capital in lansing. what is happening now, mike? >> reporter: well, it is interesting, martha, top democrats in michigan say despite everything you see, despite the show of force on the lawn at the capitol this state fight is really over. two senate bills are expected to go to the house for a vote of concurrence and they are expected to last. as you look around at live pictures. you look at video we have
CNBC
Dec 3, 2012 9:00am EST
. people's lives and jobs and retirement funds. >> thank you for being with us this morning. dave, you are headed to washington. let us know what's happening. >> he's going to fix it. >> we're going to have pizza. >> make sure you join us tomorrow. "squawk on the street" is next. ♪ >>> led zeppelin to wash away monday blues. congrats to the band for winning kennedy center honors last night. welcome to "squawk on the street." i'm carl quintanilla along with jim cramer, david faber live at nyse. melissa will join us in the next hour. we're kicking off the month of december with strength. anticipating good auto numbers today. greece unveiling that $10 billion eurobond buyback. a 52-week high in france and germany. our road map this morning begins in washington where fiscal cliff negotiations according to the "times" has "collapsed." at least for now. with less than a month until the deadline, who blinks first if anyone? >> goldman takes dell from a strength to a buy. is it time to look at the stock and maybe even other players in the beat up personal computer sector? >> manufacturing da
CNN
Dec 5, 2012 6:00pm PST
these old coots, it could be used in peace talks and could cure the common cold. unless you think i'm exaggerating, look at how the video ends. >> i have a dumb knee. and then the horse back. ride the cowboy. >> it is video prozac. you are welcome. it is too bad the house of representatives went home on break. i think that is what they need to crack the whole thing wide open. that is simpson style. >> we will see you one hour from now 10:00 p.m. eastern. piers morgan starts right now. >> tonight the top five things that america is talking about. number one, peace love and mutual understanding. >> we can't negotiate with ourselves. >> it is me. >> bob costas, did he cross the line. >> and the most outrageous royal prank over. >> hello there. could i please speak to kate please, my granddaughter? >> this is piers more dpgan ton. good evening. our big story tonight from what every one is talking about. the royal prank called heard around the world. and this shocking new york subway photograph. reports of chemical weapons in syria. let's get started with what promises to be a lively dis
CNN
Dec 4, 2012 4:00am PST
tony blair is with us. but planes from iran. revolutionary guards showing off what they are claiming to be is a captured american drone. coming up why the pentagon says don't believe it. >>> and baby makes three at buckingham palace. the royal couple, will and kate, creating a media frenzy on both sides of the pond with word that they are expecting. we're going to go live to london. >> talk about this morning, in addition to tony blair, we're talking to democratic congressman xavier becerra, republican senator ron johnson from the state of wisconsin, also pat houston, whitney houston's sister-in-law and manager and jeopardy champion ken jennings written a new book. it's tuesday, december 4th, "starting point" begins right now. >>> welcome everybody, you're watching "starting point." we're honored this morning to have the former british prime minister tony blair with us as our guest. he's going to be weighing in as a number of topics. we're going to talk about the fiscal cliff, we're going to talk about the global economy. we're going to talk about the civil war in syria. we'll talk a
CNBC
Dec 6, 2012 9:00am EST
to facebook, like us and ask your question. >> talk of the day, sirius, the company announcing a $2 billion share buy back. and it's a $2 stock, but everybody knows it. mel's gone, howard's still there. >> all right, that does it for us today, again join me on facebook after the show for office hours. right now it's time for "squawk on the street." >>> good thursday morning, welcome to "squawk on the street," i'm melissa lee live from the new york stock exchange. negative across the board, looks like we're going to lose about 8.5% on the dow. we're watching for headlines out of an ecd press report. our road map this morning starting with apple, cratering on its biggest decline yesterday on four years, closing just pennies off the lows of the session. the stock continues lower premarket as investors watch the death cross watch. >> a cnbc exclusive, tim geithner says over the cliff is a must. >> bank of england and ecb keeps rates unchanged. europe continues to hang in there economically. >> and nat gas gets a boost. the government finds exporting it is better than keeping it here at home. >>
CNBC
Dec 19, 2012 3:00pm EST
you very much for taking the time. >> thank you. >> thank you very much for joining us today, michael johnson, the ceo of herbalife. the markets are currently sitting around the lows of the day as we speak. the dow down by about 56 points, and that is it for "street signs" today. "closing bell" is coming up next. >> hi, everybody. good afternoon. we enter the final stretch and welcome to the "closing bell." i'm maria bartiromo at the new york stock exchange. scott, good to see you. here with scott wapner. the market near the lows on the day on fears that a deal to avoid the fiscal cliff may actually be a lot further away than we thought. >> more sparring today. deal, i don't know. if you listen to what they are saying today, scott wapner in for bill griffith. the president calling for compromise in a news conference today, but here on wall street there is a bit less optimism for the deal than we've felt in recent days. see where we sit right now. the dow is down 56 points. nasdaq and s&p under some pressure as well right now as we -- there you go. nasdaq is down six and the s&p, maria
CNBC
Dec 20, 2012 9:00am EST
asset sales. >> you agree? you remember your name before -- >> that does it for us today. make sure you join us tomorrow. right now, time for "squawk on the street." >>> good morning, welcome to squawk on the street. i'm carl quintanilla, melissaly, jim cramer. nyse euro net selling itself to ice for 8.2 billion in cash and stock. david is here to break it down. >> go through some of the numbers four. the deal itself having been officially announced in the last half hour or so board signing off, call it about 8 a.m. eastern time. my sources tell me this all began a couple of months back when jeffrey spraker, the ceo of ice approached duncan niederauer, the ceo of the stock exchange about a potential deal. looking forward hearing from both men later in the program. as for the deal itself, if you're a new york stock exchange shareholder, mr. spreker built this account the past decade. 36% of the combined company will be controlled by current new york stock exchange shareholders. you get a premium. also an opportunity to participate in the continued growth of what will be a trading ba he m
CNBC
Dec 20, 2012 3:00pm EST
. joining us now are david faber, bob pisani and steven guilfoyle and rick santelli at the cme. first, david, who broke the story this morning, i guess this deal had to happen based on where the competitive landscape sits, and it's likely not going to be the last deal that we've been talking about. >> we've been thinking about and hearing about and talking about deals for quite some time but much of that did not happen as a result of regulators. the nyc has been looking for quite some time to figure out the future. its ceo having engaged with and having a deal with deutsche boerse sometime back, two years ago, in heated discussions and announced it in 2011. a year later it was dead? why, because of the derivatives business in europe that european regulators did not want to see get together for both of those companies. couldn't get around t.nasdaq as well, along with i.c.e. at the time, had made a hostile bid, you may recall, from the new york stock exchange, but that was stopped as well because it wasn't going to happen as a result of antitrust here in the u.s., a americaning of the two equi
CNBC
Dec 27, 2012 7:00pm EST
. this invitation is brought to you by bp and all of us who call the gulf home. >>> all right. i like to say there's always a bull market somewhere, and i promise to try to find it just for you, right here on "mad money." i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshe
CNN
Dec 5, 2012 9:00pm EST
happening in syria with the use of chemical weapons. somebody else has a threat of using a similar weapon. as a gun owner. you have to be able to protect yourself. if you are damaged and you are willing to take somebody else's life. that comes down to that person is not going to obey the gun laws. they are going to find a gun or find another weapon. >> stretching and shooting to syria and chemical weapons seems like a bit of a stretch. the implications of that is that every american should have access to chemical weapons and nuclear weapons. it will result in weapons ownership. look at europe and the rest of the world. we are way, way out there. we have the highest murder rate in the world. >> abbey, here is what they say to me. each time it is the same debate and nothing gets done about it. 300 million guns and you have between 11 and 12,000 guns and murders a year. britain has 35 as does germany and australia. to countries that have strict gun kcontrol have little gun murder. i think carole had it right. she said it is about personal responsibility. that is the most important part. it i
CNBC
Dec 13, 2012 1:00pm EST
exchange for us. sue? >> ty, it is a little bit after down side bias today. investors are losing enthusiasm over the fed's move. and more specifically, the employment rate. right now, the dow is down 57 points on the trading session. most of that drop cake after mr. boehner made comments about the continues impasse in trying to resolve the fiscal cliff. s&p down 23, down three quarters percent. and the nasdaq is down about half a percent. bob joins me on the floor of the nyse. the market is very undecided about what is happening in washington. what the feds know that perhaps we don't know. >> we are getting smacked around by these two separate events. the fiscal cliff as well as aftermath of what went on with the fed. i think the fed is still very important here. take a look the dow industrials. remember, we started moving down right after we saw mr. bernanke give his press conference. we talked about fiscal cliff having problems, not having the tools to deal with the fiscal cliff. the fed not having it, should we go over that. there we are dealing with the aftermath. remember something fol
CSPAN
Dec 8, 2012 10:00am EST
people, voter i.d. laws a disproportionately affect us. if white people can go through all the laws, what are you telling back people? they are less than? that is what bothers me about rhetoric. we always have to make special --there has to be a specialist when we deal with minorities. it there too feeble mind it appeared we need to make concessions. they cannot follow the rules. we treat people like victims, i do not think they want to aspire. >> defense secretary leon panetta visited the walter reed medical center tuesday to celebrate the hospital's first anniversary. it was created out of the merger of the walter reed army medical center and the bethesda naval hospital. this is about 40 minutes. >> it is my true pleasure to welcome me here this morning. over a year ago to host a dedication ceremony for what was then the new walter reed medical center. you are words that many of us that day. he pointed out if his the people that can make the biggest difference. -- he pointed out that it is the people that can make the biggest difference. i would be happy to report to you that we stand b
CNBC
Dec 10, 2012 9:00am EST
and be willing to negotiate on spending. >> i see the future. the president lets us go over and then proposes a tax cut for the lower 98%. >> could you vote against it? >> he could do that for the two -- the two top rates is $400 billion. but he's got to do something on spending to address the problem. >> thank you, senator, for your time. right now it's time for "squawk on the street." >>> good monday morning. welcome to "squawk on the street." we're here at the new york stock exchange. let's get a check on how we're setting up for the first trading session of the week. we certainly have a lot to chew on over the weekend with the sunday talk shows, focusing on the fiscal cliff. it looks like we're looking at a lower open for the dow. as for the action in europe, really, the action focuses on italy where there's an impending political regime change. more on that in just a moment. the road map starts at the golden arches. mcdonald's blowing out expectations for november sales after the dismal drop in the month of october. hoping to fuel the rise, the bacon/onion/cheddar sandwich. >> there's on
CNBC
Dec 18, 2012 9:00am EST
with us. >> thank you for having me. >> that does it for us today. join us tomorrow. right now it's time for "squawk on the street." >> good tuesday morning. i'm carl with melissa lee, david faber, live from the new york stock exchange. jim cramer is on assignment today. well, are we getting close to a fiscal cliff deal or not. futures are up and the dow gained 100 yesterday. but there is room for skepticism. europe's grappling with the same question helped by some decent uk inflation data today. and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperf
CSPAN
Dec 12, 2012 5:00pm EST
of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: the yeas are 229. the nays are 182. 2/3 not being in the affirmative, the rules are not suspended and the bill is not passed. the speaker pro tempore: the chair lays before the house the following personal requests. the clerk: leaves of absence for mr. griffin of arkansas for the week of december 11 and mr. reyes of texas for today and for the balance of the week. the speaker pro tempore: without objection. the requests are granted. the speaker pro tempore: the house will be in order. the speaker pro tempore: members and staff, please remove your conversations from the floor. the speaker pro tempore: the house will be in order. the chair will entertain requests for one-minute speeches. for what purpose does the gentleman from massachusetts rise? >> address the house for one minute. the speaker pro tempore: the gentleman is recognized. >> mr. speaker, earlier this year -- mr. frank: i was c
CSPAN
Dec 15, 2012 7:00pm EST
's not on that face. >> i've been on that bus. >> they are just as good as gold. >> as all of us in this country were starting to see people coming out and talking about their experiences, this phenomenon, that so many of us had experienced in one way or another, and had no words for. other than adolescence, other than growing up. we finally -- people were starting to stand back and say, hold on. this isn't actually a normal part of growing up. this isn't a normal rite of passage. i think there was a moment where there was a possibility for change. and director lee hirsch and i decided to start the film out of that feeling that voices were kind of bubbling up. coming up to the surface to say this isn't something that we can accept anymore. a normal part of our culture. >> film maker cynthia loewen has followed up her award winning film by gathering essays and personal stories in "bully." hear more tonight at 10:00 on "after words" on c-span2 and more book tv online, and like us on facebook. next chiefs of staff to the governors of virginia, colorado, and oklahoma talk about the fiscal issues of their
CNBC
Dec 5, 2012 6:00am EST
. >> you're very pleased that you're with us here for an hour because we do have a lot to talk about. >> has a lot of experience. >> yes, he does. >> we've got a lot of stories that we'll be talking through this morning, but let's start with that big story that joe was just talking about. president obama speaking to the business round table today, attending to the group's quarterly meeting of ceos. jim mcnerny says including meaningful and comprehensive tax and entitlement reforms. this is the number one story that we've been talking about every morning here since the election. fiscal cliff, big, big issue. there are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. how big of a problem would that be? >> that would be a big problem. i actually still believe that those -- the democrats, the administration, republicans in the final analysis don't want to see that happen. they do understand that not only would that present a problem in the near term as we went over the cliff at the end of the year, but we sti
CNBC
Dec 18, 2012 6:00am EST
, a u.s. investigation finds more evidence about how walmart used payoffs allegedly in mexico to advance its gold down there. it's tuesday, december 18th, 2012. "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now that those dow futures are up by 54 points. this comes after a decent rally for the markets yeste
CNN
Dec 2, 2012 12:00pm PST
rescue crews are working to free them from the rubble. i'll be back in one hour, so join us at the top of 3:00. we'll be talking about the supreme court. on friday the justices had a chance to tell us if they would weigh in on same sex marriage. find out why they aren't necessarily finished with the issue. plus, we sit down with brad pitt as he takes on the issue of same sex marriage. stay with cnn. "your money" starts right now. >>> the world is finally paying attention to the fiscal cliff, but you've known about the economic storm of our own making for months now. i i'maly velshi. this is "your money." i wasn't waiting to focus on this major threat to the economy. i wish others had. it would have given us more time to fix this major problem. at least now there's a focus on one thing and one dangerous man. a man who is not elected. who has never run pour office and is standing in the way after potential economic disaster. he's the ideological godfather of the tea party. grover norquist has been the driving force behind the anti-tax movement. his goal, to take big government
Current
Dec 5, 2012 4:00pm PST
the details when we come back. then tommy chung joins us. they're about to legalize marijuana. >> do you have narcotics or marijuana in here. >> not any more. >> even in the transcripts they said i am in here because did i these movies. >> cenk: then the elbow of the day. you're going to be shocked to find out that it's on a republican's head find out later in the program. [ piano plays ] troy polamalu's going deeper. ♪ ♪ and so is head & shoulders deep clean. [ male announcer ] with 7 benefits it goes deep to remove grease, gunk and flakes. deep. like me. [ male announcer ] head & shoulders deep clean for men. ♪ ♪ (vo) now, it's your turn. (vo) connect with the young turks with cenk uygur. >> it's go time. >> cenk: recently 112 people died in a factory in bangladesh. walmart said they had nothing to do with it and could not have prevented it. that turned out not to be exactly true. >> this is a perfect example of what happens when there is lag of regulation. "abc news" has more on this story 12,347. >> the fire broke out on a ground floor. workers were working for t
CBS
Dec 3, 2012 2:00am PST
, in terms of crunching numbers and figuring out the impact of these proposals. you talk to us and help us understand it. tell us a little about this organization, your organization "campaign to fix the debt." what exactly are you trying to do? >> well, the campaign to fix the debt was really born out of some of the issues surrounding issues of the debt ceiling. people around the country became painfully aware the divisions in washington are may be so large we will harm our economy and harm our problem as they fail to solve problems and work these things out. over the past year, we have been joined by 300,000 saturdays, 100 of the leading ceoas, and small businesses who have said we need fix the debt, that we know. but we wanted to create a different kind of campaign where we come to washington, and while you have so many folks on side saying, "don't touch this. don't touch this. take this off the table." suddenly you're left with nothing on the table to fick the problem. we wanted to create a broad-based bipartisan group to work with members of congress to come up way deal. over the past
CNBC
Dec 28, 2012 6:00am EST
guy. >> he's a good guy. >> ed is going to try to make us slightly -- >> be a little sensitive. let's get you some some of the morning headlines. the biggest one being president obama planning to meet with congressional leaders at 3:00 p.m. eastern time today in a last ditch effort to avoid the fiscal cliff. the house majority leader eric cantor is now telling members to be prepared to work through january 2nd. both sides still far apart, however, on taxes and spending cuts. senate majority leader harry reid says prospects for a deal by monday are still unlikely. there was a lot of movement, motion for not a lot of action. >> where were you yesterday? >> i was here. we were together. >> were we ever with our -- no. but there were duelling senate leaders just -- first mcconnell came on. and he said -- did you see either one of those? >> i did. >> did you see harry reid? >> there's no chance of -- >> but if you think -- i want to rise above. there was so little of anything close to that yesterday other than just the -- i mean, people at home must be like, it's the endless blaming and
CNN
Dec 1, 2012 10:00am PST
on this major threat to the economy. i wish others had. it would have given us more time to fix this major problem. now there is a focus on one thing and one dangerous man, a man who's not elected, who's never run for office, and is standing in the way of a potential economic disaster. he's been called a kingmaker, a patri patriot, and the ideological godfather of the tea party. since the mid 80s, grover norquist has been the driving force behind the anti-tax movement. his goal, to take big government and in his words, drown it in the bathtub. norquist's weapon is the taxpayer protection pledge which was at one point signed by 95% of gop members of congress. raise your hand if you feel so strongly about not raising taxes. >> on the campaign trail this year, only one republican presidential conditioned date, john huntsman, dared to cross him. norquist has clout. he is called the most powerful unelected man in america today. >> he signed a pledge, it's without congress. >> i'm not obligated on the pledge. >> republicans are jumping ship and supporting unspecified revenue hicks to cut the def
CNBC
Dec 17, 2012 6:00am EST
, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>
CNBC
Dec 6, 2012 7:00pm EST
. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> w
CNBC
Dec 27, 2012 6:00am EST
undercarriage. but spain and the undercarriage is not something any of us need. but i think that howard dean, we didn't have time to go back and get howard and stuff. but howard said the best deal the democrats are going to get is to go over the fiscal cliff. taxes go up, then you go the republicans in position where they're getting the lower taxes. then patti murray. >> i just hope that people are paying attention that what we are seeing is basically the best world for politicians, they put off the and then everybody is going to pretend, oh, it's something happened. and nobody in the meantime is representing the interest of the american people. you know, we've got both parties in a position to negotiate this is what we want, this is what we elected and they're doing everything they can to not pay attention to that and to go to their separate corners and to be separate and to pretend that their way is not the only way. >> and it could result in people being called into, like, their supervisor's offices and their supervisor goes, i'm sorry, people are actually losing jobs because of this. >> but
CNBC
Dec 13, 2012 7:00pm EST
javers joins us now with the details. again, good evening, eamon. >> good evening, larry. we're told the meeting at the white house was in the oval office. it was about 50 minutes long. boehner and obama were joined by a couple key players, including tim geithner and rob neighbors, the white house's liaison to capitol hill. he's the go-to guy who's been shuttling the paper back and forth throughout this. boehner was also joined by an aide that boehner sources have not named. i don't want to read too much into this larry. but you can get a sense from the amount of people in the room that they're getting into at least some level of detail here. if it was just the two principals, you'd expect a more general conversation. with that number of people in the room, maybe some more details getting hashed out. both sides describing the meeting as a frank one. saying as they have been throughout this that the lines of communication are open, but no major announcement here after the meeting. no news here so far on what was actually traded in terms of offers and counteroffers here in this meeting
CNN
Dec 28, 2012 4:00am PST
remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. l
CNBC
Dec 4, 2012 9:00am EST
and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and oracle will play out three-quarters of dividends this year. >>> more strength in housing this morning. toll brothers earnings top expectations. we'll begin with the fiscal cliff. governors are set to meet today with the president and congressional leaders. governors are concerned about the impact of deficit redu
CNBC
Dec 26, 2012 5:00pm EST
's it for us. thank you for watching. >> and "fast money" starts right now. stay tuned to cnbc. >> we'll see you tomorrow. >>> live from the nasdaq market site in new york city's time square, i'm melissa lee. here are tonight's top three trades. retail wreck. santa delivered coal for most today. should you be betting on a bounce back? the global race to print money is on. and we've got the best ways to play japan's easy money. and 2013 trades. top picks in an uncertain world also "fast money" goes fast forward into next year. first, to our top stories. five days to go until the fiscal cliff and the heat is turning up on both sides of the aisle. house speaker john boehner says the senate needs to act first. meantime, just about 40 minutes ago, tim geithner said the u.s. is simply running out of money. let's get the latest on this game of chicken from c nbc's chief political correspondent, john harwood. john? >> melissa, i want to bring you up to date on the fiscal cliff developments. first of all, as you mentioned, secretary geithner has informed the senate that the united states government w
CNN
Dec 10, 2012 2:00am PST
. we have more on the life of the singer jenni rivera. what can you tell us? >> good morning. she sold 50 million records, won two billboard music awards and was a star of her reality show and served as a judge on a popular talent show in mexico. hard-working until the end. she performed the last concert saturday night in monterey, mexico, hours before dying in a plane crash on her way to yet another commitment. [ speaking spanish ] they call her diva. and for anyone who ever saw her on stage, it was easy to see why. she sang heartwrenching song that's spoke to the common woman, especially mexican-americans. >> translator: every song, every lyric i'm thinking of them and how i can relate to them. >> reporter: jenni rivera was born in long beach, california to mexican parents, their story of humble origins. with an interview in cnn, she spoke about how she sold records at a los angeles flea market and how the family expected cans for the meager income they could bring in selling the metal. >> translator: it is very flattering when they tell me i'm a great artist, a great entertainer. bu
CNBC
Dec 21, 2012 6:00pm EST
's evident in equity markets. >> that does it for us. we hope you have a happy and safe holiday. from all of us here. meantime don't go anywhere, "mad starts right now. >> i'm jim cramer. welcome to my world. >> you need to get in the game. he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. "mad money," you can't afford to miss it. i'm cramer. welcome to "mad money." people want to make friends. just trying to save money. my job isn't just entertainment, it's education. call me. fiscal cliff talks. let's be optimistic. use the word stall. the president gave us a little hope tonight that an agreement to avert a middle class tax hike could still occur next week. saw the breakdown play hideously in the session today. nasdaq diving. it makes sense the market got a whacking when you consider that the speaker of the house didn't have enough votes in his own party to push through any tax increases and the president says there's got to be some. that's even for people making more than a million bucks. it was for show. the president would have vetoe
CNBC
Dec 11, 2012 9:00am EST
to save everybody. cliff robbins, thank you for being here. join us tomorrow, "squawk on the street" begins right now. >>> a government fractured, a market paralyzed, a call to action. as our nation careens to the fiscal cliff. cnbc's challenge to lawmakers to rise above partisan politics, seem compromise and find the solution. the clock is ticking down. the stakes are getting higher. now, we are turning up the pressure. this is a cnbc special report, "mission critical: rise above d.c." >> welcome back to our continuing coverage, mission critical: rise above d.c. we've been here all morning long. while we've been here on capitol hill, we've been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. in the last hour we sat down with grover norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. he also added he thinks house speaker boehner has been a good leader during the fiscal cliff negotiations. and then we were joined by bob corker and bob conrad. corker said we ne
CNBC
Dec 12, 2012 9:00am EST
. make sure to join us tomorrow. that's it for us. "squawk on the street" is next. >>> all right. with that, good morning. welcome to "squawk on the street." live at the nyse. we'll continue to monitor what jamie dimon does at the deal mark conference. we await the federal reserve statement, and news conference in just a few hours. as for europe, some green arrows, despite a miss in the eurozone in production this morning. >> the road map starts this morning with, of course, the fed. expectations for revamped bond buying program. what will the economic forecast say about next year and what to make of the "wall street journal" story that says academics are driving monetary policy at secret dinners in switzer land. >> more counteroffers in the debt negotiations. it looks like corporate taxes are part of the deductions. >> costco beats by 2 cents, better sales and better sales and membership fees. >> some more reports about apple tv today. the journal said it's designing a high -- new high-resolution set. microsoft trying to widen the list of retailers that will carry the surface ta
CNBC
Dec 24, 2012 9:00am EST
appreciate it very much. join us on wednesday. happy holidays. "squawk on the street" starts right now. >> can't wait to see what jason got us here. welcome to "squawk on the street" on this final trading day before christmas. i'm carl, with melissa lee, david faber at the nyse. the new york stock exchange and nasdaq closing at 1:00 p.m. eastern time. the futures, a little bit of weakness here which we'll talk about in a minute, after it comes after a pretty bad day on friday. the european markets closed for the christmas eve holidays. london, paris, spain have each completed shortened sessions in light of the christmas holiday as well. the friday sell-off, only five trading days are left in the year. is the market getting used to the idea that a fiscal cliff solution will not happen before year end? >> only a few hours remain to finish your christmas shopping. but some words of caution for toymakers. are tablets and apps ruining the season as kids get more accustomed to technology? >> microsoft windows 8 gets more bad press today, as "the new york times" said it is not leading to a bo
CSPAN
Dec 5, 2012 8:00pm EST
for joining us today, and thank you to deloitte for partnering with us in this event. when we launched bloomberg government just about two years ago, we had the aspiration of creating a one-stop shop, with data, tools, news, and analysis to help government affairs and government sales professionals make better and faster decisions. we went a long way toward achieving that aspiration. a big part of it is conversations on the important issues that face our nation today, particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al over here. he really put bloomberg on the map here in d.c.. yesterday it was his birthday -- happy birthday, al. [applause] i'm going to turn things over to congressman tom davis -- this is a man who really needs no introduct
CNBC
Dec 19, 2012 9:00am EST
. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end of this month. >> another challenging quarter for fedex with the blame squarely on sandy. but the stock is up pre-market. >> oracle posts a strong quarter with even stronger guidance. the season rebound in europe. no impact from the fiscal cliff. >> and ge gets boosted from ubs's key call list on the weaker than expected macro environment. still on the list is including -- well tell you in a couple of minutes. >> general motors is up sharply in the pre-market session. the treasury department says it intends to sell the rest of its stak
CNBC
Dec 17, 2012 9:00am EST
's take a look at the u.s. futures set up for the open first of the week. dow looking at about 50 points right after the open. as for the action in europe, taking its cues from the united states. we'll see a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes,
CNN
Dec 23, 2012 10:00am PST
.com/so it tu for analysis and extras if you missed any part of today's show, find us on itunes, search state of the union. from all of us we want to wish you a merry christmas. "fareed zakaria gps" is next for our viewers in the united states. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. on the show today, we'll move past the fiscal cliff and talk about the real challenges to the economy. i will talk to the chief economic adviser of the romney campaign glen hubbard, and president obama's former budget czar peter orszag, among others. >>> also, let me tell you about the biggest success story in latin america. it is not brazil. it's actually much closer to home. then, as the world watches the arab world struggle with democracy, we'll take a look at the problem from an unusual perspective, upside down. how does a country turn away from democracy as eastern europe did 50 years ago? i'll talk to pulitzer-prize winning historian ann applebalm. we focus on decision making. in the depths of the financial crisis, the
CNN
Dec 9, 2012 3:00pm EST
this? lawmakers put a band-aid on the problem and the u.s. lost its aaa crediting rating. i've warned you over and over about the economic storm headed our way partly because of europe and this fiscal lif, but i've also told you about an american economic renaissance that could be just ahead. just beyond the storm clouds. the fiscal cliff is fixable, but every day washington fails to make a deal, more damage is being doing. john king, ken rogoff and diane swan, chief economist at mezaro financial. john, right now, this is more politics than the economy. some people are saying don't sweat it. the threat of going over the fiscal cliff is overblown. it will get done. an 11th hour deal. john, as you read the politics at play, what do you see? >> i see both sides digging in. you've just played the president saying i want that rate hike. the republicans are saying mr. president, we'll give you the revenues, but not through a rate hike, but the president believes he won the election and he's upped the ante. says he wants twice as much in tax revenues than a year and a half ago, so the presid
CNBC
Dec 13, 2012 11:00pm EST
inflation. i like oil, remind you it's an international market kind of driven by the chinese, not us, if eog resources goes down, consider that company as a place to put your money. remember, mark papa yesterday. and people want to sell the drug stocks on decline. here i'm not sure. sellers are worried that the government may be negotiating with the drug companies. you know what is probably really going on? i think that drug stocks have big dividends and after tax return on dividends will come down sharply after we go off the cliff. that was part of the deal of the cliff. what's not getting hit as hard as you would expect? how about companies that have marginal exposure to united states but are much more involved with china? you could see joy global keep its gains. that company's mining equipment is more dependent on a resurgent china than a possible slowing of the united states. we're cutting back on coal anyway. what's the most worrisome thing on the whole decline? that this is really day one in recognition that the ceos were had here, the foils to james dean's rebel without a cause triump
CNBC
Dec 17, 2012 5:00pm EST
, thank you. that will do it for us. thank you for being with me. follow me on twitter and google plus. have a great night. but wait. here's "fast money." >>> with every meeting between the president and boehner -- >> meeting lasted 45 minutes between the speaker and the president. progress in these negotiations is a very moving target right now. >> byers start coming back into the market. >> it looks like, at this point, the senate is going to have to come back on december 26th, the day after christmas, to take up among other pieces of legislation, the fiscal cliff solution. >> and if a deal is hatched, it could be the best santa claus rally ever. >> listen, at 12 times next year, with these interest rate us, with this fed, yeah, of course it's cheap. >> "fast money" on the cliff that saved christmas, right now. live from the nasdaq market site in new york city's times square, i'm melissa lee. here are tonight's top three trades. first, cliff dwellers. is the mortgage deduction in play? we're handicapping the fallout that could hit the housing stocks. and some of the financials have d
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